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Firms will soon be using AI modeling to determine their optimal level of output and pricing.

Algorithmic Collusion Without Communication

Tomorrow, will the stores you frequent be using AI modeling to set their pricing and production figures? AI models are doing that right now, and may come to engage in "collusion" by independently concluding that higher prices and lower output leads to greater profits....
4 min read
Market Equilibrium
Competitive markets

Market Equilibrium

Published on January 13, 2020

Consumer and Producer Surplus
Competitive markets

Consumer and Producer Surplus

Published on January 13, 2020

Price Elasticity of Supply
Competitive markets

Price Elasticity of Supply

Published on January 13, 2020

Subsidies
Competitive markets

Subsidies

Published on January 13, 2020

Shifts in Supply
Competitive markets

Shifts in Supply

Published on January 13, 2020

Producer supply
Competitive markets

Producer supply

Published on January 13, 2020

Shifts in demand
Competitive markets

Shifts in demand

Published on January 13, 2020

Demand and Income
Competitive markets

Demand and Income

Published on January 13, 2020

Demand curves
Competitive markets

Demand curves

Published on January 13, 2020

Consumer Demand
Competitive markets

Consumer Demand

Published on January 13, 2020

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Cityscape featuring a mix of historic and modern architecture, including a red brick building with a tower and clock amidst tall glass structures.

Shifts in the UK economy are changing attitudes to investment risk

The United Kingdom is a nation of savers, with an exceptionally low risk appetite when it comes to investing. Could a brightening economic o...
4 min read

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